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Apr 30, 2014
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but practicality is not appear china has made it illegal to transact bitcoin, as has russia. beyond education, how do you get people to trust this thing in the way that sovereign countries have not? a leading engineering institution, m.i.t. is the king of practicality. that is part of the spearman. seeing what real-world applications we can build that people will end up trusting. >> such as? >> there is a number of things we can do that would be very important. for example, you could build a decentralized kick starter for crowd funding. you could build a micro-payment solution which would be approved for news media in terms of online newspapers. having a solution for their content. >> i'm curious, have any professors at m.i.t. torn you to shreds on this? do they look at the theory of bitcoin and forget about the efficiency and say the bitcoin club has got it wrong? say that most professors are pretty excited ingut this project and see where it goes. there are plenty professors who have questions about it. most of the questions tend to come from the economic side. people under
but practicality is not appear china has made it illegal to transact bitcoin, as has russia. beyond education, how do you get people to trust this thing in the way that sovereign countries have not? a leading engineering institution, m.i.t. is the king of practicality. that is part of the spearman. seeing what real-world applications we can build that people will end up trusting. >> such as? >> there is a number of things we can do that would be very important. for example, you...
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Apr 30, 2014
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look at what may come in from russia over the next period of time. >> that's, i mean, something people look at. they look at energy is what jack welch was talking about yesterday, you think finance is going to be an area of strong growth? >> i think finance is at the root of everything that happens. so i think it has top. the economy will be good. i think it has to be good. i think energy, when you see a pipeline thing that makes sense, put it off until after an election. >> is this on purpose? i wasn't listening. now you say that. isn't that just. >> it doesn't make any sense. i mean, then you have to wait until the next election and the next election. >> every two years, unfortunately. >> the stuff is going to go some place else. it's obviously a safer way to transport that kind of oil. why not become an exporter of it? >> we talk about this often on camera before. who did you support, two elections ago for president? >> oh, boy. >> you supported barak obama. you didn't the last time around, why? >> pardon me? >> why? >> i didn't think he did a good job. >> the thing that bothers you
look at what may come in from russia over the next period of time. >> that's, i mean, something people look at. they look at energy is what jack welch was talking about yesterday, you think finance is going to be an area of strong growth? >> i think finance is at the root of everything that happens. so i think it has top. the economy will be good. i think it has to be good. i think energy, when you see a pipeline thing that makes sense, put it off until after an election. >>...
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Apr 30, 2014
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the big question is what about russia. shell has big interests in russia. they have a lng plant in the far east. producer inly lng all of russia. a project together with gazprom, the world's largest natural gas producer, to send gas to asian markets. that is one of the reasons why the boss at shell went to russia 10 days ago to meet with , to remind him shell is committed to russia despite the sanctions. and ask for his support for a plan to boost capacity at the plant by 50%. as recently as last night, president clinton said if the sanctions keep going up, russia might have to examine deals with western countries when it comes to energy. >> we will pick that point up in a moment. talk to me about what is happening with ukraine. >> ukraine was another place that shell was looking to expand its business. and had an agreement with the central government of ukraine to explore for gas and a stable country. that part of the country is controlled by separatists. not something -- is going to be able to work on any time -- that is not something shells going to be a
the big question is what about russia. shell has big interests in russia. they have a lng plant in the far east. producer inly lng all of russia. a project together with gazprom, the world's largest natural gas producer, to send gas to asian markets. that is one of the reasons why the boss at shell went to russia 10 days ago to meet with , to remind him shell is committed to russia despite the sanctions. and ask for his support for a plan to boost capacity at the plant by 50%. as recently as...
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Apr 30, 2014
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crimea is of prime strategic importance for russia. i suppose if a foreign power went and created trouble in guam, the u.s. would also respond. that's what the russians have done. they don't want ukraine to be part of nato, because nato is basically a method to encircle russia further. >> it's interesting. kerry seems to be implying that ukraine is already part of nato. >> yes. they started implying that it could be eventually. it would be a very long way for ukraine, given the state of its armed forces to start with. it is a certain level of commitment that the u.s. is willing to share. >> would these latest round of sanctions, what will they do, if anything? >> if the aim is to change the policy in moscow, it's not going to work. it's an expansion of what we have seen so far, inclusion of more corporate entities on the u.s. side, not on the eu side. >> mark would like to buy russia but there's too many risks. >> i would wait until the end of this year to be honest. we'll see a very long electoral calendar in ukraine. >> i agree. i th
crimea is of prime strategic importance for russia. i suppose if a foreign power went and created trouble in guam, the u.s. would also respond. that's what the russians have done. they don't want ukraine to be part of nato, because nato is basically a method to encircle russia further. >> it's interesting. kerry seems to be implying that ukraine is already part of nato. >> yes. they started implying that it could be eventually. it would be a very long way for ukraine, given the...
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Apr 30, 2014
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you mentioned russia, shell has big interests in russia. that is one reason then then meetingas in russia with president putin, telling him how important russia is to shell. shell has a plant in the far east. it is a venture that they are rom on and with gazp it is very important to them. they want to up the capacity by 50% to give the asian markets all the gas that they want. when he was there, he won president putin's endorsement of that project. we heard president putin yesterday saying if sanctions against wretch a -- against russia keep getting ratcheted up, he may have to take a look again at those contract with western energy companies. >> talk to me about shell's position in ukraine. >> they don't have a whole lot better now but they are looking. in particular for gas in the east of the country. they agreed with the central government that they will look for it there. unfortunately that is exactly where the separatist are active right now. we saw that with those pro-russian militia yesterday seizing that government building in lujan
you mentioned russia, shell has big interests in russia. that is one reason then then meetingas in russia with president putin, telling him how important russia is to shell. shell has a plant in the far east. it is a venture that they are rom on and with gazp it is very important to them. they want to up the capacity by 50% to give the asian markets all the gas that they want. when he was there, he won president putin's endorsement of that project. we heard president putin yesterday saying if...
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interests in russia. that is one of the reasons why a representative from shell met with resident food. .- president putin they said that we continue to keep a presence here. this was just as everyone was theyeting up sanctions. want to up capacity i about the two percent. this is really important to them. he got president putin's support to do that. this is essential to their business plan. >> what about other geography that is in focus? >> shell has been looking at ukraine. they did a deal with the central government in ukraine a wild back to explore and develop gas in the east of the country in the very place we are seeing a lot of the turmoil right now. sites ise expiration right next to an area controlled by separatists. it is not far away from where we saw a pro-russia military sees a government to link. a very difficult situation. they were off the crimean coast. they were talking to central authorities about that as well. that is a de facto part of russia. >> we will talk later in the morning abou
interests in russia. that is one of the reasons why a representative from shell met with resident food. .- president putin they said that we continue to keep a presence here. this was just as everyone was theyeting up sanctions. want to up capacity i about the two percent. this is really important to them. he got president putin's support to do that. this is essential to their business plan. >> what about other geography that is in focus? >> shell has been looking at ukraine. they...